Christine Lagarde, president of the European Central Bank, appears on Face the Nation to describe the current status of EU success in shrinking the economy to achieve parity with the shrinking of energy development. Ms. Lagarde is very happy with their ‘management of the transition’ so far, and sees slow economic growth combined with a citizenry happily accepting the lower standard of living, the new normal.

As Lagarde outlines, the lowered economic activity is helping the central banks support the objectives of the government officials and corporations who are giving the instructions. Overall, she is optimistic the common man and woman will continue accepting less ability to achieve personal economic and financial success, as the bankers and politicians continue managing the western transition. Things are going swimmingly. WATCH:

MARGARET BRENNAN: We’re joined now by Christine Lagarde, former head of the IMF, now the president of the European Central Bank. Good morning.

PRESIDENT OF THE EUROPEAN CENTRAL BANK CHRISTINE LAGARDE: Good morning, Margaret. Lovely to be back.

MARGARET BRENNAN: Good to have you here, and your recovery is going all right?

MADAME LAGARDE: Yes, in a couple of days, I think I’ll be fine.

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Given the nature of the club plan, we can probably expect to see the field thin much faster as it gets closer to Ron DeSantis launch date.

The South Carolina folks (Haley and Scott) will remain, and Asa Hutchinson is likely to hang out as the club player for Iowa, but pulling the other noise away from DeSantis will be a priority.  Also, no one will enter the contest after DeSantis.

With Trump surging, Team RdS needs every part of their 20% to remain as the floor.  The Big Club handlers can’t afford the optics of Ron DeSantis polling dropping further because it will make his pre-planned entry look weak and more transparent.   As such, Youngkin taps out before he reaches the ring.

(Via New York Times) –  Virginia’s governor is putting the presidential hoopla on ice.

Gov. Glenn Youngkin, the Republican whose surprising election in a blue-trending state set off instant talk of a presidential run, has tapped the brakes on 2024, telling advisers and donors that his sole focus is on Virginia’s legislative elections in the fall.

[…] “Listen, I didn’t write a book, and I’m not in Iowa or New Hampshire or South Carolina.” Instead, he said, he is putting his full focus on November’s statewide Virginia election, when all 140 seats in both chambers of the General Assembly are on the ballot. A decision to enter the 2024 campaign in November would be historically late, well past the first Republican debate in August.

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There have been rumors of serious drops in customer purchasing after Anheuser Bush rebranded Bud Light as the beer for transvestites & transgenders.

The stock value of the company has dropped, but the Main Street (consumer-driven) financial outcomes are not clarified in data yet, and everything is nonempirical.  However, with the CEO of Anheuser Bush now stepping into the discussion [see statement here], it is safe to anticipate the impacts at a retail level have reached the executive suites.

Unfortunately, the milquetoast statement from the company is exceptionally weak and shows a heavily influenced group and board filter which ends up creating a very white-washed corporate statement from CEO Brendan Whitworth.  Saying, “we never intended to be part of a discussion that divides people,” is a long way from saying something akin to, ‘hey guys, we really screwed up, and have fired everyone associated with this visit into the world of brand image stupidity.’

[Company Statement Link]

The way I read between the lines of this statement is that Mr. Brendan Whitworth was well aware of the branding effort and marketing plan.  He approved it.  CEO Whitworth cannot fire Budweiser Light Vice President of Marketing, Alissa Heinerscheid, because Whitworth himself approved the marketing strategy.  That’s the way the weasel-words read to me.

Bottom line, this is very weak… pathetically weak… and Budweiser brands deserve to be publicly shunned.  Give them a few weeks with zero sales and let’s see what happens.

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In an era of universal deceit, it should not be a surprise for the suspicious cats to be more accurate.

Semi-related context for scope of fraud:  We know with demonstrable certainty that Hillary Clinton, the DNC, Fusion GPS, Chris Steele, DOJ, FBI and SSCI collaborated to create the fictitious premise called broadly “Trump-Russia collusion and interference in the 2016 election.”  The entire thing was bogus soup-to-nuts, all of it… make believe; none of it real.  So, how the hell did Mueller, Rosenstein and Weissmann indict Russians?

Now… Fast forward to the current classified intelligence leaks with the scale, scope and background of everything above in mind.  WATCH:

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In the next segment Douglas Macgregor gives his view, and makes some really good emphatic points about the facts within the intelligence leaks proving the United States government, OUR GOVERNMENT, is completely lying about Ukraine and other matters.

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There are times when CTH and the perspective of Glenn Greenwald do not align. This is not one of those times. {Direct Rumble Link Here}

In this segment with Tucker Carlson, Glenn Greenwald nails the agenda, motives and outcomes of the U.S. media as they relate to the recent classified intelligence leaks. This is a solid three-minute encapsulation of the problem. WATCH:

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During his opening monologue tonight, Tucker Carlson outlined the latest developments on the U.S. classified information leaks and the media effort to avoid talking about the government lies within them.

It really is quite a remarkable development to witness in real time.  Corporate media, a completely collapsed fourth-estate, playing the distracting role on behalf of the intelligence apparatus they are supposed to keep in check.  WATCH:

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Never letting a crisis go to waste is very useful tool, especially when the government creates the crisis.  As CTH has said from the first discussion of the classified intelligence leaks, the “leak is the op.”

The intel leak is the operation created by the Intelligence Community to support new expanded powers for the Fourth Branch of Government.  It should not be a surprise to discover the institution now leading the charge to give more power for U.S. intel agencies, is…. wait for it….. The Senate Select Committee on Intelligence.

The SSCI is the organizational institution that supports the Fourth Branch of Government, the intelligence branch.  The SSCI previously created a bipartisan Restrict Act, to deal with dangerous information on the internet.

According to SSCI Chairman Mark Warner, ‘The Restrict Act’ will give more power and authorities to the Executive Branch to deal with internet danger.  Now the SSCI sees the classified intel leaks as evidence for the importance of the Restrict Act.

Well, butter my buns and call me a biscuit, surprise-surprise!  Funny how that happens.

(Via NBC) – The Biden administration is looking at expanding how it monitors social media sites and chatrooms after U.S. intelligence agencies failed to spot classified Pentagon documents circulating online for weeks, according to a senior administration official and a congressional official briefed on the matter. 

The possible change in the intelligence-gathering process is just one potential shift as officials scramble to determine not only how the documents leaked but also how to prevent another damaging incident.

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Sometimes the obvious answers are in the reality of the part that few pay attention to.

According to the original outline, as presented by the Washington Post last night [Original Story Here], the full surveillance and intelligence power of the United States government was unable to locate the source of the largest leak of U.S. classified intelligence in a decade, but some journalists found a teenager in his mom’s basement with all the answers.   This is the story, and they are sticking to it.

I’ve been in enough rabbit holes created by the silos of the intelligence community to know when not to enter one.   First things first, what silo uses the Washington Post?

We all should know by now the same three-letter operators in charge of the Amazon Cloud Service, are the same three-letter operators who use the PR firm known as the Washington Post.

Why the intelligence people from inside the CIA/NSA silo wanted to exploit the teenage gamer with a connection to an intelligence leaker, as the preferred narrative is unknown.  However, the DHS details provided in the intelligence community follow-up through the New York Times does provide some clues.

New York Times – The leader of a small online gaming chat group where a trove of classified U.S. intelligence documents leaked over the last few months is a 21-year-old member of the intelligence wing of the Massachusetts Air National Guard, according to interviews and documents reviewed by The New York Times.

The national guardsman, whose name is Jack Teixeira, oversaw a private online group named Thug Shaker Central, where about 20 to 30 people, mostly young men and teenagers, came together over a shared love of guns, racist online memes and video games.

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Tucker Carlson played the full interview excerpt where President Donald Trump answered the question about who blew up the Nordstream pipeline. {Direct Rumble Link}.  Within the answer, President Trump doesn’t want to undermine the Biden administration, yet we know who was responsible.

What you notice again from the totality of President Trump’s responses and worldview is the unique nature of the honesty.   In the most consequential of ways, President Trump was the single most consequential foreign policy president in a generation.   We forget that during Trump’s term in office, the headlines about North and South Korea were not about conflict, but rather about the possibility of unification on the Korean peninsula.

Two large elements played out when Trump was in office.  First, economic security is national security.  Second, “peace is the prize.”  Through both elements the Trump Doctrine was born and the effectiveness, while downplayed and ignored, was unmistakable.  WATCH:

♦President Trump’s foreign policy approach brought North and South Korea together away from the table of conflict.  ♦President Trump’s foreign policy approach brought Serbia and Kosovo together away from the table of conflict.  ♦President Trump’s foreign policy rallied the Gulf Cooperation Council to stop Qatar’s support for Islamic extremists via the Muslim Brotherhood. ♦President Trump’s foreign policy brought Turkey and the Kurdish forces together away from war and conflict.  ♦President Trump’s foreign policy created a ceasefire to stop the bloodshed in Syria.  President Trump mediated a cessation of hostilities between India & Pakistan in the Kashmir region. ♦President Trump’s foreign policy brought Israel and the UAE together… and then Bahrain… and then Sudan in the Abraham Accords.

President Trump executed a clear foreign policy, a unique doctrine of sorts, where national security is achieved by leveraging U.S. economic power. It was a fundamental shift in approaching both allies and adversaries; summarized within the oft repeated phrase: “economic security is national security.”

The Trump Doctrine of using economics to achieve national security objectives was a fundamental paradigm shift.  Modern U.S. history provided no easy reference for the effective outcome.

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In the latest round of statistics from the Bureau of Labor and Statistics (BLS) the March inflation data has been released [DATA HERE]. The Consumer Price Index (CPI) climbed 0.1% in March after advancing 0.4% in February.  This puts the 12-month CPI outlook at 5% inflation. [See Modified Table A on Left]

A 4.6% decline in March gasoline prices was offset by higher rental and housing costs.  That was the primary driver of the lowered inflationary data as gasoline is weighted heavier in the impact.

However, that said, gasoline prices are already rising again after Saudi Arabia and other OPEC+ oil producers early this month announced further oil output cuts.  This puts the April CPI data (starting to be assembled this week) on track to increase over March.

Overall, in the big picture the data shows the plateau of sorts as we described for this spring.  This plateau will be followed by another bump as a result of current input costs and prior energy costs traveling through the supply chain.

Energy services, electricity and natural gas, are stable but higher than last year.  The crop cycles carry those increased costs from field to fork.  Consumers cannot avoid those food prices increasing.  The more processing involved in the food sector, the higher the price increase.

Housing increases are another unavoidable cost and generally cycle with a lag within them.  As leases expire, the new lease rates increase accordingly.  The same is true for insurance rates.  Both unavoidable sectors have a rolling lag that hits the consumer upon renewal.

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